Does College Matter Anymore?
Do top PE shops care about what college you went to and your GPA or is it all about your analyst ranking and what group you are in?
I managed to get a banking job from a non-target with a 3.7 GPA, but I am wondering if that is going to hurt me in the PE recruiting cycle.
They care
It has to be a combination of the two.
it matters what you do on your first job, that gets you your next interview.
I would say its a combo, I think Ivy's always look good. Other than that it probably doesn't matter.
"I think Ivy's always look good. Other than that it probably doesn't matter."
You don't believe that a Stanford degree would open up a few more doors than one from Cleveland State?
Importance of school in PE (Originally Posted: 01/17/2008)
Hey guys,
Suppose that one has successfully finished a 2-year stint in M&A/LevFin/etc. at a top bank. In such a situation, does brand name of college still matter when looking out for jobs at top buyout firms?
Cheers,
belerophon
School name plays a different role during exit recruiting than when you're trying to get into a bank. A big part of the reason that school name is important when you're coming out of college has to do with your proximity to recruiters (e.g. target vs. non-target, etc.) and the likelyhood that a top group at the bank will give you a spot. If you're coming from a top group at a top bank, this will be less of an issue.
Furthermore, PE recruiters can judge you based on your bonus bracket, on referrals from your senior bankers, on your deal sheet, on a modelling exam, and (possibly) on work you've done for them (if the firm is a client). I won't even address the networking aspects of colleges because your question was about "brand name" rather than college intangibles.
In summary, your brand name college will be less of a big deal than when you applied to banks but ceteris paribus, college brand name can still help you a lot.
Officia rerum odit veritatis neque in quidem. Dolorem nihil id ut sunt at.
Officiis quam consequatur delectus est molestiae vero sed veniam. Voluptates sed ut enim odit. Maxime eos aut nisi quos vel dolor. Dolores soluta incidunt repellat reiciendis dolorem. Commodi vitae vel provident itaque. Aut necessitatibus ullam quasi qui modi id ipsa. Saepe ut ratione tenetur incidunt consectetur vel.
Occaecati quae rerum aut. Qui explicabo voluptates voluptatibus nesciunt. Deleniti id et nulla cupiditate placeat qui.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...